Med School 2011 According to the Association ofAmerican Medical Colleges, only 46% of medical schoolapplicants were admitted to a medical school in the fallof 2011.5Upon hearing this, the trustees of StrivingCollege expressed concern that only 77 of the 180students in their class of 2011 who applied to medicalschool were admitted. The college president assured the trustees that this was just the kind of year-to-year fluctua-tion in fortunes that is to be expected and that, in fact, the school’s success rate was consistent with the nationalaverage. Who is right?a) What are the hypotheses?b) Check the conditions and find the P-value.c) Are the trustees right to be concerned, or is thepresident correct? Explain.

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Estimation

A new framework of data analysis where the new statistical methods are used for interpreting the results and analyzing the data is known as estimation in statistics.